IDC’s 3rd Platform Industry Spending Guides Provide In-Depth Forecasts for Technology Investments in Nine Industries

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To bring more insight to technology spending across and within industries, International Data Corporation (IDC) recently published a series of Industry Spending Guides that provide in-depth forecasts for spending on 3rd Platform technologies (mobility, cloud, big data and analytics (BDA), social) and Innovation Accelerators (artificial intelligence (AI), augmented reality/virtual reality (AR/VR), 3D printing, Internet of Things (IoT), security, and robotics) as well as traditional, 2nd Platform technologies. The guides cover nine industries – banking, government, healthcare, insurance, manufacturing, oil and gas, retail, securities and investment services, and utilities – and provide detailed spending figures for nine geographic regions, 64 sub-industries and lines of business, and two delivery types (cloud and non-cloud).

“While IT spending is contracting in some areas, 3rd Platform spending will see healthy double-digit growth throughout the post-COVID recovery period and the investment priorities are somewhat varied across industries,” said Karen Massey, research manager, Customer Insights & Analysis. “The financial services industries, which include banking, securities and investment services, and insurance, rely more heavily on cloud, mobility and BDA, for example. But IoT is the primary investment focus in the other six industries, especially manufacturing, oil and gas, and utilities. However, mobility is a close second to IoT as an investment priority in government and healthcare.”

Within the banking industry, consumer banking is the largest line of business for technology spending with 2nd Platform technologies accounting for just over half the total in 2020. However, the shift from 2nd to 3rd Platform spending is evident with 3rd Platform and Innovation Accelerator spending enjoying compound annual growth rates (CAGR) of 10.4% and 17.7% respectively. Cloud and mobility spending will grow to nearly $53 billion combined in 2023 while cognitive AI spending will see a five-year CAGR of 21.6%. By the end of the forecast, 2nd Platform spending will be

Mint and Rocket Mortgage Reveal New Technology to Foster the Next Generation of Financial Empowerment

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SAN DIEGO and DETROIT, Oct. 14, 2020 /PRNewswire/ — Today, financial empowerment app Mint by Intuit Inc. (Nasdaq: INTU), and Rocket Companies (NYSE: RKT), announced a first-of-its kind partnership in which Rocket Mortgage – the first fully digital mortgage experience – is now integrated into the Mint app via API to create a fast, simplified refinance experience for homeowners.

As part of this integration, Mint users are able to pre-fill information such as current mortgage information that they’ve added to their Mint profile. They are then able to seamlessly search for, apply and lock-in mortgage refinance rates with Rocket Mortgage in as few as eight minutes, instead of days or weeks – all powered by the Rocket Mortgage API. This is the first time the Rocket Mortgage experience has been directly integrated into a personal finance platform.

“Across the country, Americans are struggling with their finances as many face difficult economic times. As interest rates are near an all-time low, now is an ideal time for many to consider refinancing their mortgages and save thousands,” said Varun Krishna, SVP & Head of Consumer Finance at Intuit. “For too long, the refinance process has been an annoyingly tedious and overwhelming experience for all of us to find the right lender and loan for our situation. We’re excited to help simplify the process for Mint users with this integration of Rocket Mortgage and give our customers some peace of mind during this already stressful time.”

With the integration of Rocket Mortgage’s digital refinance application, Mint users can now seamlessly find the best options for lowering their rate through the easy-to-navigate Mint interface combined with the powerful Rocket Mortgage API. This new feature allows users to pre-fill data from Mint, skipping through additional account creation and data entry, greatly reducing the time it

MIT Technology Review’s Annual EmTech Event Reimagined online | News

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CAMBRIDGE, Mass., Oct. 14, 2020 /PRNewswire/ — MIT Technology Review’s annual EmTech MIT conference will take place October 19-22, 2020. This online event delves deep into the year’s most important developments in AI, biomedicine, cybersecurity, diversity, equality, and global-scale technology—all in a reimagined, immersive, virtual format focused on the attendee experience. See the full EmTech MIT conference agenda and register.

Attendees will hear from and engage with leaders, researchers, and innovators from across the globe representing companies and organizations that impact our daily lives, including Amazon, Facebook, Google, Salesforce, Twitter, Gavi, Lilly Research Laboratories, the Scripps Research Institute, and more. Featured speakers include:

  • Parag Agrawal, CTO | Twitter
  • Marc Benioff, Chair, CEO, and Cofounder | Salesforce
  • Seth Berkley, CEO | Gavi, The Vaccine Alliance
  • Mai-Lan Tomsen Bukovec, Global Vice President | Amazon Web Services
  • Geoffrey Hinton, VP and Engineering Fellow | Google
  • Anne Neuberger, Director of Cybersecurity | NSA
  • Mike Schroepfer, CTO | Facebook
  • Megan Smith, Former US CTO; CEO and Founder | shift7
  • Astro Teller, Captain of Moonshots (CEO) | Alphabet’s X

New for 2020: EmTech MIT attendees may choose from a selection of interactive sessions with engaging discussions and behind-the-scenes access to labs and researchers on the MIT campus. Options include:

  • Meet the Researchers: Chat with researchers from MIT’s Computer Science and Artificial Intelligence Lab about their latest projects
  • Inside the Lab: Get a behind-the-scenes view of some of MIT’s most innovative labs and join a Q&A session
  • Master Classes: Explainer sessions led by MIT experts to help you better understand the technologies being explored on the main stage
  • Innovators’ Think Tanks: Tune in as the Innovators Under 35 brainstorm solutions to some of the world’s biggest problems

Intel, a technology leader shaping the data-centric future

Emerging technology enhances learning at Davis Global Center

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Step inside the Davis Global Center, and you’ll find yourself surrounded by technology; from towering video walls to massive touchscreens and 3D imagery.



a group of people sitting in a bedroom: iEXCEL spaces within the Dr. Edwin G. & Dorothy Balbach Davis Global Center photographed on Wednesday, September 16, 2020.


© Kent Sievers
iEXCEL spaces within the Dr. Edwin G. & Dorothy Balbach Davis Global Center photographed on Wednesday, September 16, 2020.

The new advanced simulation facility on the University of Nebraska Medical Center campus seeks to give health care professionals a place to practice skills in a low-risk environment.

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The first floor provides particularly unique opportunities, with a focus on emerging technologies, including 3D, augmented and virtual reality and a holographic theater.

“We are literally only limited by our own imaginations on what we can do,” said Sharon Medcalf, an assistant professor in the College of Public Health.

Medcalf explained, they can train people for once in a lifetime events such as a mass casualty triage by using technology like the simulation cave.

“What I can do as a faculty member using the technology in this building is create that environment of an event, and then put that first responder in that immersive environment and test his or her critical thinking skills,” she said.

Medcalf also said staff are using the holographic theater to capture speakers and presentations and preserve them for future learners in lifelike form.

“We’re designing an activity that will be based around the hologram of an expert, that we have on campus today, that we may not have on campus that same person 5-10 years from now,” she said.

Getting the health care focused content to go with all this tech wasn’t so easy. The center hired its own team to create it, with employees coming from gaming, graphic design, web development and more.

“Twelve people. Each with different skill sets, not from medicine, who

Opening of Canton Tower Science & Technology Conference 2020: Exploring the Services and Missions of Technology

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GUANGZHOU, China, Oct. 14, 2020 /PRNewswire/ — With the support of the Ministry of Industry and Information Technology and the Guangzhou Municipal People’s Government, Canton Tower Science & Technology Conference 2020 – The Global Mobile Developers Conference and AI Summit Forum, hosted by IDG Asia and co-organized by Guangzhou Municipal Science and Technology Bureau, was again in Guangzhou from Oct. 13 to 14, 2020.

The theme of this Conference is “Intelligence Everywhere · Imagine Endless”, showing people’s higher reliance and expectations for science and technology. Because technology brings an unprecedented sense of security and sense of gain during the pandemic period, people are all the more convinced that technology may create better well-being and a better life in the future.

Therefore, this Conference is a brainstorming of ideas to explore the services and missions of science and technology. Over 200 guests from governments, international organizations, enterprises, technology communities and non-governmental organizations will engage in exchanges across fields about the topics such as 5G, industrial Internet, AI, rail transit, hard and core technology, star network, public health, venture capital, new consumption, and industrial design. The ultimate goal of the exchange is to seek opportunities for the common development and win-win cooperation, and facilitate international cooperation across fields and disciplines.

It is foreseeable that the Canton Tower Science & Technology Conference will promote the realization of scenario-based applications of technology and bring world-class projects and professionals to Guangzhou and the Guangdong-Hong Kong-Macao Greater Bay Area.

Seek the practical path of “technology for social good”

As an upgraded version of the Android World Global Developers Conference, Canton Tower Science & Technology Conference aims to become a window for matchmaking and networking for the technology industries, showcasing world-leading technologies, scientific research ideas and development models, and analyzing the development trend